Middle East

Dubai’s maritime contribution to local GDP praised

Dubai: Dubai's maritime sector now accounts for around 4.6% of Dubai’s GDP or equivalent to Dh14.4bn, according to Sultan bin Sulayem, chairman of Dubai Ports, Customs and Free Zone Corporation and president of Dubai Maritime City Authority (DMCA).
Underlining the significant role Dubai Maritime Sector Strategy (MSS) played in support of Dubai Maritime Vision 2030, Bin Sulayem said the local maritime sector recently made major leaps in terms of its direct contribution to Dubai's GDP, but he urged local maritime players to continue to focus to meet the goals set out.

Bin Sulayem said, “Dubai Maritime Vision 2030 is positioned as a strategic base to promote Dubai and its highly competitive maritime segment. In fact, Dubai is as equally competent with other leading maritime and logistics centres in the Middle East and North African (MENA) region and the rest of the world. To achieve the goals set out by Dubai Maritime Vision 2030, industry players in the emirate must work closely and intensify their efforts in reaching this vision.” [02/09/14]

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